Federal Reserve
Fed Holds Rates Steady as Powell Signals "Lame Duck" Continuity; Only One Cut Projected for 2026
The Federal Open Market Committee (FOMC) concluded its two-day policy meeting on Wednesday, March 18, 2026, electing to maintain the federal funds rate at its current range of 3.5% to 3.75%. The decision reflects a central bank increasingly wary of "sticky" inflation fueled by geopolitical tensions